52-Week High & Low Stocks: COOL, GRB, INSM, TGT, AOI, JCDA
Monday, June 13, 2021 2:00 PM



Several stocks recorded a new 52-week high/low during the day’s trading when the US market kept on swinging between the positive and negative zone. Some notable stocks are discussed here.

Majesco Entertainment Co. (Nasdaq: COOL) recorded a new 52-week high of $4.53, with a trading volume of more than 3 million shares. The company is scheduled to declare its fiscal second-quarter earnings after the closing bell today. Wall Street analysts estimate earnings of 7 cents per share for the company. Shares gained 10.83 percent or 41 cents to trade at $4.41.

Gerber Scientific Inc. (NYSE: GRB) recorded a new all-time high of $11.07 today, as it agreed to acquire technology-investment firm Vector Capital Corp. for nearly $282 million. The stock’s trading volume was more than 22 million shares, well above its average volume of 1.1 million shares. Shares jumped 35.59 percent or $2.89 to trade at $11.01.

Insmed Inc. (Nasdaq: INSM) recorded a new 52-week high of $13.22, with a trading volume of 1.2 million shares. The company announced positive data through six treatment cycles of its Phase 2 clinical trial program for Arikace in cystic fibrosis patients with Pseudomonas lung infections. Shares added 12.71 percent or $1.49 to trade at $13.21.

Target Corp. (NYSE: TGT) slipped to a new 52-week low of $46.15 with a trading volume of 2.9 million shares. Despite raising its quarterly dividend to 30 cents percent, it hit a new low on concerns that the retailer is not seeing enough shoppers buy the discretionary items that are a cornerstone of its strategy. Shares were down 0.47 percent or 22 cents to trade at $46.48.

Alliance One International, Inc. (NYSE: AOI) recorded a new all-time low of $2.95 today, with a trading volume of 967 thousand shares. In its fiscal year ended March 31, 2011, Alliance One reported a net loss of $71.6 million, or 81 cents per basic share, reversing a net income of $79.2 million, or 89 cents per share a year earlier. Shares were down 11.65 percent or 41 cents to trade at $3.11 in the mid-day trading.

Jacada Ltd. (Nasdaq: JCDA) slipped to a new all-time low of $2.39 as it get set to report its 2011 first quarter financial results before the opening bell tomorrow. The stock’s trading volume was 11 thousand shares, above its average volume of 4 thousand shares. Shares were down 7.72 percent or 20 cents to trade at $2.39.


 

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